As its name indicates, a Japan branch office is a branch of a foreign company in Japan.
The main advantage of setting up a branch office in Japan is simplicity:
In case company decided to close a branch office, closing is much easier that closing a Joint Stock Company or Limited Liability Company LLC of G.K.
The Japan branch office is a branch of the parent company and is not considered as an independent legal entity.
Therefore, in case of tax audit, Japan tax authorities may require access to accounting information of parent company of the Japan Branch Office.
A Japan resident representative is necessary to create a Japan Branch Office.
JMC K.K. can provide Japan branch representative services and also registered address.
JMC can help the branch to establish a bank account with a local Japanese bank. We can also set up a dedicated JMC bank account for use of the representative office. JMC provide a full range of cash management services and payment services.
Disclaimer: This information is provided for illustration purposes only. JMC cannot be held liable for any decisions made based on this information. For any legal advice in Japan, a Japanese Legal Professional should be consulted.